Following the news that the government is planning to ban the sale of new leasehold flats James Hurley, Assistant Business Editor at The Times, writes on the leasehold secret commissions scandal, which has affected hundreds of thousands of leasehold homeowners.
James details the unfair practice where the landlords of leaseholders along with insurance brokers, shared undisclosed commissions on insurance payments. The costs of these hidden commissions were then passed on to leaseholders in the form of higher service charges.
Leaseholder Action aims to empower leaseholders to claim their rights and challenge hidden commissions to bring fairness and transparency to leasehold insurance.
The full story was published in The Times, 3 March 2025, and can be found here.
